Day Trade Online by Christopher A. Farrell (Wiley Trading)

Day trading can be quite lucrative, but only if you know what you are doing. As Farrell points out: "Trading for a living is hard. Trading for a living over the Internet is even harder. There are many challenges and obstacles that confront you. Venturing into this jungle unprepared is a recipe for disaster." This straightforward guide provides the head start and heads up necessary to thrive as a day trader, covering everything from the dangers and pitfalls of trading online to an in-depth analysis of which trading techniques work and which don't. Day Trade Online, Second Edition presents inside information on the strategies of top trading firms, including the most secretive, misunderstood, and profitable function on Wall Street. Most importantly, you will learn to look at ten different stocks and pinpoint which one to trade, when, at what price, and why. With the right know-how, you will be able to apply this knowledge to every single stock that you screen.

Christopher A. Farrell is a national bestselling author and former Wall Street bond trader who currently runs the Farrell Preferred Stock Arbitrage Fund, LP, a hedge fund. He has been a guest on numerous television and radio programs, including CNBC and BBC World News, featured in magazines such as BusinessWeek and Worth, and has been a guest speaker at MIT. His works have been translated into numerous languages worldwide, including Korean, German, Russian, and Italian. Farrell is also the author of The Day Trader's Survival Guide (HarperCollins). He has over thirteen years of trading experience, and has traded over three billion dollars worth of stock since going out on his own. Farrell is a graduate of Colgate University and can be reached at www.farrelltrading.com.